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Updated over 5 years ago,
Investing in small, mixed-use properties out of state
Hi Folks,
I'm new to BP. I'm currently living in a severely high-priced, low yield market, so like many, am looking out of state for investments. For a variety of reasons, I was considering purchasing a small, mixed-use (residential over retail) property out of state. I had a few questions for the forum:
Does anyone have experience managing these types of properties out of state?
Is it more or less challenging managing a mixed-use prop than managing 2-4 unit multi-family properties (in both cases, not requiring significant capex)?
Does anyone have any opinions in general about investing in small mixed-use properties?
Apologies if anything I've posted does not meet BP house rules for posting, and thanks for everyone's help!
- Jason